With Account Netting disabled, any executed orders used to enter trades in the same product will open a new Trade, even if there is already an open Trade in the same product in the opposing direction. Open positions or trades can only be closed by the execution of an Order specifically linked to the position or Trade.
For example you have 100.000 Total Capital You can spend for One Trade: Only 10% of your Free Capital Your Total Capital: 100.000 First Trade: 10.000 After 1st Trade your Free Capital: 90.000 Second Trade: 9.000 After 2nd Trade your Free Capital: 81.000 Third Trade: 8.100 After 3rd Trade your Free Capital: 72.900 Fourth Trade: 7.290 After 4th Trade...
Didn't actively trade this but shows clearly how nice the Renko style is in identifying trend changes. Amazing scalps are possible with scripts and bots.
Commodity & Futures Trading Commission gather data from various Exchanges and compile which are then released and are available on their Websites - www.cftc.gov Commitment of Traders Data = COT (abberiviation) These data are released on Friday of Each Week after Market Closes. They are based on Positions as close of Tuesday of that week. These are compiled to...
This is just a simple yet helpful example as to how a trending pair works for those who are willing to learn something or improve their trading in order to have an additional edge over the market. I could have made this over EUR/USD and simply draw up the candles myself in order to get more views, but the recent example of NZD/CHF serves me much better, so...
Please check out Part 1 on how to use fibonacci retracement to find entry levels. This post will only make sense if you familiarize yourself with fibonacci retracement tool. (Link: ) Now, supposedly, we have entered a trade using entry levels based on fib retracement, how do we know when to sell? To answer this question, we can utilize the Fibonacci Extension...
So guys, today I will talk a bit about the differences between Monero versus Zcash. I got a few question about this, so let me make clear. First of all you have to decide what you are going to do. Mining or investing? If you will decide if there are security reasons in the decision, both cryptocurrency is perfect. But here are a lot of differences between Monero...
Here we look at LBC. LBC is a pretty high ranked coin with a high market cap. Look at the volume differences. Do you see this doing a 10x bitcoin-wise? I'm open for suggestions as this is just something I found and wanted to post. (2/2)
Here I'm looking at Lunyr. Lunyr is ranked number 226 on Coin Market Cap with a market cap of $37,315,296 USD or 2699 BTC. I consider everything below 50 million USD small cap. Coins like these are the most probable to do another 10x, but for bigger alts, I don't think that's possible anymore. In the next post I'll explain why. (1/2)
Many a trader will have made their best analysis based on information at the time and then taken an entry position, only to find that the market does something unexpected. Price may move violently in the wrong direction i.e. not the favoured direction and comes close to a stop loss or actually stopping out the position for a loss. Now with hindsight a trader feels...
COT report stands for Commitment of Traders report. It tells us about where the Big Boys are placing their ‘bets’. The COT is published weekly on Friday and reflects Tuesday’s data. Practical Exercise 1) Refer to the COT report data given below. 2) Write down your interpretation of the data. 3) What are your observations and what they mean to you as a...
Practical Exercise 1) Think of a past scenario where you acted impulsively in your trading and suffered the consequences. 2) What was the psychological issue that triggered the mistake? 3) How can you avoid future occurrences of this mistake? 4) Share in this thread.
Crowd psychology on the market: Disbelief Hope Optimism Belief Thrill Euphoria Complacency Anxiety Denial Panic Anger Capitulation Depression Disbelief
Distribution of Information Over Time. This is Logarithmic Curve describes how information distributes between people over time (also describes population of rabbits). Zero point (0) — Point where Somebody knows the information Mid point — Point where Lot of People knows the information Top point (1) — Point where Everybody knows the information
As you can see this is a 4hr chart with a Moving Average strategy custom script. I find that altcoins tend to have rather long and drawn out market cycles so I decided to customize this script to trade off the 4hr chart. One key element that makes the backtesting turn out heavily in my favor is the trailing stop setting that is very unique to this particular...
Let me show you a great feature in Tradingview that allows you to analyze currency strength and compare different markets. By setting up a currency strength chart, you can find out which market is leading, who is the strongest mover and which market is the worst performer. This can help you with market selection and also help you understand what is going on in...
One of the many issues beginners face when trading ALTCOINS, is how to split their money. Where to invest? How much to invest? How long to wait?, etc. It happens that in this market, the cryptocurrency market, opportunities are endless, and we are bathed with a wave of new opportunities all the time, everyday, but this can turn into a problem rather than a...
Just want to share this strategy and give a huge shout out to Sharview for this awesome script. If you guy/gals are down to learn and want exclusive access to awesome scripts I highly suggest you swing on over to Shareview discord discord.gg where anything other than excellence is not an option nor a matter of discussion. Good luck to all with there dips and flips.